6500-6572 W Route 34 - Retail FOR SALE


Plano, IL 60545
$4,210,000 USD
630-776-9082
6500-6572 W Route 34, Plano, IL for Sale
$4,210,000 USD
Retail - FOR SALE
1/7
null | 7% Cap Rate

6500-6572 W Route 34
Plano, IL 60545


HIGHLIGHTS

  • 17,691 SF multi tenant retail strip center positioned along Route 34
  • 92 percent leased with diversified mix of national, regional, and local tenants
  • Stabilized NOI of approximately $294,702 providing consistent cash flow
  • Strong visibility with traffic counts of approximately 11,800 vehicles per day
  • Signalized access and monument signage enhancing exposure and accessibility
  • Masonry construction with 51 surface parking spaces serving the center

OVERVIEW

Retail Investment Property for Sale | Multi Tenant Strip Center | Plano IL Route 34 Little Rock Crossing presents a compelling opportunity to acquire a stabilized multi tenant retail center located at 6500–6572 W Route 34 in Plano, Illinois. This 17,691 square foot neighborhood retail strip center is positioned along one of the primary commercial corridors serving Kendall County and benefits from strong visibility, signalized access, and consistent daily traffic counts of approximately 11,800 vehicles per day. Constructed in 2005, the property is a well maintained, single story masonry retail center situated on approximately 1.79 acres. The center is currently 92 percent leased, offering investors stable in place income supported by a diverse mix of national, regional, and local tenants. The tenant lineup includes Verizon, Great Clips, Duchess Cannabis, and a variety of service oriented and destination based users that drive daily traffic and repeat customer visits. The current net operating income of approximately $294,702 reflects a stabilized scenario inclusive of vacancy assumptions, providing clarity and confidence in the asset’s income profile. The rent roll features staggered lease expirations and contractual rent escalations, reducing rollover risk while supporting long term income growth. The property also offers an opportunity to enhance value through continued leasing activity and mark to market potential over time. Little Rock Crossing is located within a well established retail trade area anchored by national retailers including Walmart and other daily needs destinations. The surrounding area continues to experience steady population and household growth, supporting long term tenant demand and retail performance. Within a 10 minute drive, the population exceeds 27,000 residents with average household incomes approaching $86,000, providing a strong customer base for service retail and convenience oriented tenants. The property features 51 surface parking spaces with a parking ratio of approximately 2.22 spaces per 1,000 square feet, along with monument signage and strong frontage along Route 34. The signalized intersection and ease of access enhance visibility and convenience for both tenants and customers. This offering is ideal for investors seeking a stabilized retail asset with predictable cash flow, strong corridor exposure, and long term upside potential in a growing suburban market. Little Rock Crossing combines location, tenant diversity, and consistent income performance, making it a compelling addition to any retail investment portfolio.

FOR SALE DETAILS

PRICE

$4,210,000 USD

PRICE/SF

$238 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Little Rock Crossing

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

51

LAND DETAILS

LAND ACRES

1.79 AC

LAND SF

77,972 SF

ZONING

B-5

APN/PARCEL ID

01-28-150-012

ASK ABOUT THIS PROPERTY

Sergio LopezKeller Williams InfinityMore Info
630-776-9082

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Sergio LopezKeller Williams InfinityMore Info
630-776-9082

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.